Potential Development Program, Inc. 403(B) Plan — Form 5500 plan (Potential Development Program, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Potential Development Program, Inc. 403(B) Plan is a benefit plan reported by Potential Development Program, Inc. under EIN 34-0789759 and plan number 003. The latest loaded filing year is 2023. The filing reports 127 participants and $2,110,378 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Potential Development Program, Inc.
EIN
34-0789759
Plan number
003
Plan type
2
Location
Youngstown, OH
Latest filing year
2023
Participants
127
End-of-year plan assets
$2,110,378

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023127H, C20241011103127NAL0021675921001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,110,378
Total liabilities (EOY)
$0
Net assets (EOY)
$2,110,378
Net assets (BOY)
$1,465,643

Income & contributions

Employer contributions
$271,904
Participant contributions
$178,202
Total contributions
$474,469
Total income / additions
$746,053

Expenses & distributions

Benefits paid
$80,546
Administrative expenses
$20,772
Total expenses
$101,318
Net increase / (decrease)
$644,735

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Elsass Financial Group, Inc.NONE$10,737not reported in the loaded dataset2023
Ami Benefit Plan Administrators, InNONE$9,989not reported in the loaded dataset2023

Related Form 5500 pages